Brown-Forman Junior Finance Analyst in Istanbul, Turkey
Assist the Finance Analyst Turkey in providing financial management support and analytical insights to the business management team of Turkey. Support achievement of profit growth targets by providing analytical support and business reporting in the areas of volume, pricing, profitability, cost management, investment effectiveness, etc.
Responsible for supporting of reporting, budgeting and planning functions and performing financial analysis for the Turkey as well as continuous internal processes improvement.
Financial Planning & Analysis
Support Finance Analyst in building and loading annual budget and subsequent projections into B-F planning systems. This includes thoroughly understanding B-F planning processes and systems and ensuring data is submitted timely and accurately. This includes also managing communication with internal stakeholders.
Support Finance Analyst in identifying and explaining key drivers for variances vs. last year and vs. budget/projections, including monthly assessment of risks and upsides vs. the latest projection.
Support the development of long-term strategic plans and multi-year investment case proposals.
Support Finance Analyst with the preparation of presentations, analyses and documents, including White Papers, relating to the budgets, projections and long term plans.
Support supply chain processes by ensuring alignment of forecasted volumes, by monitoring inventory levels, and by maintaining close working relationships with distributors and B-F supply chain teams.
Preparing price chains
Commercial Support and Analytical Insights
Providing commercial support by preparation of daily sales data realization (MTD).
Maintain knowledge of external industry trends, utilizing data sources such as Nielsen and IWSR.
Through hindsight analytics and forward looking scenario analysis, support decision making in areas such as volume, pricing, margin control, investment efficiency and new SKU introductions.
Maintain and analyze price structures/value chain for each market, ensuring the structures properly reflect the current market conditions, (transfer prices, margins, shelf pricing, taxes, etc.)
Financial Management & Controllership
Perform monthly management reporting and review.
Track, analyze and report on discounting, brand expense spending to ensure that internal and external stakeholders are informed and remain within budgets/projections.
Meet regularly with the teams to review performance vs. budgets/projections and to understand outstanding spend commitments.
Work with internal and external accounting teams to ensure our financial results are accurately reported (proper expense classification within the P&L line items, properly supported accruals, monitoring of receivables, etc.)
Act as key financial contact for distributor partners, taking part in business reviews, planning meetings, trade visits, etc.
Perform periodical basis margin and distributor performance bonus reconciliations.
Ad hoc projects
- Provide ad hoc support for Turkey team on special projects, such as systems implementations, market deep dives and strategic plan developments, etc.
Bachelor’s Degree in Finance, Accounting, Economics or related field
At least 1 years of relevant experience
Advanced PC skills, including Excel and Power Point
Demonstrated ability to handle multiple projects to completion by agreed deadlines
Familiar working with foreign currencies, exchange rates, and conversion factors
Experience in the beverage alcohol industry (or other FMCG)
Experience with SAP and BW (or similar software)
Fluent English and Turkish, both speaking and writing.
Ability to think conceptually and strategically
High level of analytical and mathematical skills with ability to make sound business decisions
Strong teamwork and interpersonal skills
Sound judgment skills
Strong oral and written communications skills
Great customer focus
Brown-Forman Corporation is committed to equality of opportunity in all aspects of employment. It is the policy of Brown-Forman Corporation to provide full and equal employment opportunities to all employees and potential employees without regard to race, color, religion, national or ethnic origin, veteran status, age, gender, gender identity or expression, sexual orientation, genetic information, physical or mental disability or any other legally protected status.
Business Area: Global Finance
Req ID: JR-00001363